Kenya Proposes Mandatory Local Offices for Crypto Firms to Enhance Oversight

Kenya is pushing for stricter oversight of the crypto industry by mandating local offices for virtual asset firms. The draft law is the country’s most structured effort yet to regulate digital assets, addressing consumer protection, cybersecurity, and financial oversight. Under the proposed rules, companies like Binance and Coinbase will need government-approved CEOs or directors to…

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Bitcoin (BTC) Price Aims for $120K Next Fueled by High Demand from Whale Investors

Bitcoin price is on the cusp of entering the thrilling phase of the 2025 bull market fueled by institutional investors. Nation-states led by the United States are about to implement a strategic Bitcoin reserve to hedge against the rising debt. As the DeepSeek-induced wave of wider crypto market correction significantly subsided on Tuesday, Bitcoin price…

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Blockstream Unveils Asset Management Unit with Two Bitcoin-Focused Funds

New division bridges TradFi and crypto with structured Bitcoin products, led by industry veteran Sean Bill focusing on institutional adoption. Two distinct funds target different strategies: Income Fund for USD yields via Bitcoin-backed loans, Alpha Fund for sophisticated trading approaches. Recent $210M Series B funding and partnerships with Macquarie Group demonstrate growing institutional momentum in…

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